Online marketplace Vinted helps young people build savings by selling clothes and investing profits.
Vinted, an online marketplace for second-hand clothing, can help young people build savings by selling their clothes and investing the profits. A Lloyds Bank report suggests that investing £100 monthly for 22 years could yield £61,892 by age 40. The report emphasizes the benefits of starting early and utilizing DIY investment platforms to enhance financial literacy. Meanwhile, buy-to-let landlords are selling properties to manage capital gains tax amid changing market conditions.
September 22, 2024
3 Articles